HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$307,201$307,201$314,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$25,204$0
Funding fee$1,536$1,536$0
Note rate7.03%7.03%7.24%
Blended rate7.03%7.397%7.48%
1st payment$2,112.48$2,112.48$2,146.11
2nd payment$0.00$249.41$0.00
Taxes / mo$139.75$139.75$139.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,402.23$2,651.64$2,498.84
Cash to close$42,699$17,495$34,990